Fund Accountant – Care Home Fund

London, UK

Company Description


At Octopus, we’re entrepreneurs and we’re investors, on a mission to back the people, ideas and industries that will change the world. As entrepreneurs, we build our own businesses to address some of society’s biggest problems. Octopus Energy, our energy transition business, is the best example of this. As investors, we invest the £12.8* billion our clients have entrusted us with into the areas where we believe we can have the greatest impact. More than 85% of the £12.8 billion we manage is invested in line with three main themes: empowering people, revitalizing healthcare and building a sustainable planet. At our core, we believe that how a company behaves is just as important as what it does. That’s why we chose to become an accredited B Corp, so that the interests all our stakeholders – employees, customers, communities, environment and shareholders – are considered in every decision we make.

Job Description

About the Role

Role Purpose:

An exciting opportunity has arisen to join the flagship, institutional Care Home Fund within the Real Estate team. The Fund’s NAV is currently at £1.1bn, and it holds c.100 properties across over 90 companies resident in the UK, Guernsey, Jersey and Luxembourg (all figures as at 31 Dec 2022).

As a Fund Accountant, you will report to the Finance Manager and will have a wide range of responsibilities relating to quarterly reporting, transaction support, annual accounts, statutory audits and tax compliance. The role will also include involvement in ad-hoc projects such as fundraising, debt extensions/amendments and process improvements.


  • Manage quarterly management accounts process by liaising with the Fund administrator, including reviewing the Fund consolidation
  • Oversee Fund liquidity planning, including review of cashflow forecast and proposed equity draws and debt draws / repayments
  • Be the finance lead for transactions (property/company acquisitions and disposals), including liaising with external advisers on due diligence reports and reviews of completion balance sheets
  • Manage onboarding of new properties and entities into the structure, including working with the Fund administrator to ensure timely set up of entities, bank accounts and tax registrations, and reviewing the relevant accounting entries
  • Prepare quarterly information for inclusion in quarterly Fund investor reports and board reports
  • Monitor debt covenants and prepare quarterly debt compliance reporting
  • Be the key finance contact for annual statutory audits
  • Support other Fund reporting, accounts and tax compliance work as required, including managing transfer pricing reviews and capital allowances reports quarterly
  • Complete annual budget to feed into the annual Fund business plan
  • Review quarterly investor questionnaires and reporting templates, as prepared by the Accounts Assistant


  • Qualified accountant (ACA, ACCA or equivalent), with excellent technical knowledge of FRS 102 and IFRS
  • Self-motivated and proactive, with a can-do attitude
  • Ability to work in a fast-paced environment with attention to detail, and prioritise when needed
  • A genuine interest in real estate. Any experience of the healthcare sector would be an advantage

Additional Information

Our Values 

At Octopus we don't just focus on what we do but also how we do it. Everyone shares our values of being straightforward, helpful and bold. And while these are the principles that guide us as an organisation. 

What we offer

💰  A competitive salary, bonus, pension and share incentive plan
✈️ Take what you need holiday
🏡 Flexible working 
⚓ Anchor (our wellness hub) which includes Headspace, one to one coaching through Sanctus, Parent Cloud, Digital GP, Shout & more
👪 Enhanced family leave policies
❤️ Life insurance, critical illness cover and income protection
🏥 Private medical insurance for you and your family
🚗 Electric vehicle leasing
🌍 The option to work overseas up to a month per year

Diversity & Inclusion statement

Octopus is committed to creating a diverse and inclusive employee experience for all. We are committed to promoting equal opportunities for growth and development regardless of race, gender, religion, sexual orientation, age, disability, or socio-economic background.

We believe strongly that teams are at their best wherever member of the team feels safe to bring their whole self to work.